China’s E-Commerce May Be Too Hot to Handle

This transcript has been automatically generated and may not be 100% accurate.

... the ... it's mostly up despite more worrying data coming out of China joining me now it is tiny is editor ... in this hot advocate contest ... we of falling in quiet to lackluster export sales would you say China's economy now ... is slowing to the point that the government is is quite worried ... we know that government never of course is anything directly but over the weekend in Vladivostok President Hu Jintao ... did say that that the economy is coming under pressure which appears to be said of the highest um ... acknowledgment yet that the leaders are worried about ... the cayenne at I do inflation as a big concern in China admirably seesawed gas prices recently Dell up a food inflation of the prices and going up I'll what is the expectation there ... are the price is going to rise well the ... prices of gone up ... quite to the point where we need to worry about it yet I mean the worry is down the road because we had the stroke conditions in the US and ... the question is how with that with the ... the impact on crops going to ripple into the Chinese economy ... I had previously indicated that it what it wants the stimulus like we saw in two thousand and eight to two thousand and nine but recently we ... heard announcements that it is an act of several infrastructure projects going on in the country ... so ... I mean are we to the point that really the government is really passed the House to launch some sort of stimulus ... it has to be some sort of acknowledgment from the government that the economy is slowing young people see the reports they know what's happening ... they feel like they have to do something so they announce these big projects and they have ... banner numbers say a bigger dollar yen signs in the headlines ... um and it shows that the doing something the problem is a lot of these projects that cities have announced in the past ... have been projects that have been aam already on the books aam ... last week we saw lot of infrastructure projects launched and while it was a big number one trillion yen that's still ... very small proportion of what they did at the global financial crisis which was four trillion yen at least probably even much larger than that ... I think which are seeing is the government acknowledging that there's a problem here ... and showing their proactive that the same time kicking the problem down the road because we got this leadership change coming ... and ... everybody is hesitant to do something to commit to something very big and so you guys are in place ... new guys are in place that Swinburne to start watching very closely to happens next ... I am here in Hong Kong right now but you wouldn't they say what's your sense on the ground are people at every table starting to worry about the economy into ... that that some grumbling but it's not the point yet where you see it ... in the wake of the global financial crisis there he saw ... definitely so factories shut down some people on ... clothes factory gates he saw the trains filling ... with migrant workers going homes and twenty million people like shifting ... from southern part of the country back into the interior not something you really notice ... this time when not seem so much of that I mean you know Credit what you will were still early ... in this process um maybe China has had some success in rebalancing um ... maybe manufacturers are finding the right way to deal with the slowdown ... on at this point it still feels like early days in a guess the question is how long and how deep this go have a lot of people wondering ... the answer is that this is thanks Fran that's as good to see you in Hong Kong ... that slowdown that won't affect ECan is apparently according to Adam on line and company ... and ... at the e-commerce company Alibaba ... and it weighs and to any major al Salama and here in Hong Kong who was just add that ... the men come to an open ... and attending the Alibaba conference a ... a sale ... when the economy slowly ... how is it likely he adds to the fact e-commerce four according to added the bow on ... China's e-commerce market is growing really fast and the expected growth to continue because you know despite ... the economic slowdown and that they say that actually out more companies are coming into e-commerce no ... because there that do for new opportunities and the whole economy is slowing ... and on Sunday at ten or the cars on ... more online shoppers in the U S nearly two hundred million ... and Dom ... according to Boston Consulting's report on the whole market town ... of ... online retail sales is expected to triple ... by two thousand fifteen and by then China will probably become the war's biggest e-commerce market at a summit a sex expense and encrypt and ten China cut but that ... bought the biggest home they're facing now is the logistics and others accuse there's the big ... stories series sodas in warehouses ... and also delivers services on not quite you know ... up to this founder's and there's no equivalent of the of ... FedEx or ups so I'm ... for an e-commerce companies you know ... that's a big problem ... okay back Alibaba as obviously rely alot on the growth of the sector so how how is this all impacting strategy going for ... it ... if this they ... don't mention the Sufi website for consumers ... know that either services are important warehouse management is very important ... and ... I about aam has a lot of competitors now and the market and some of them ... are even starting to build their own warehouses and down kind of like ... Amazon they're saying don't products ... but not only got there I mean don't get a very guys and ... to know was start providing better delivers services ... and Alibaba the because it's ... it's the biggest there um ... no actually I'm ... more than ... half of them is already inside tennis also did a very ... this condo ... is generated by about was that it's ... so there's no way that the the the can do that that you don't build its own delivery service to cover that ... bought there ... the still playing a bigger role now kind of to help ... delivery companies then no Thinking of investing in some of them ... know so they ... bought some man ... to ability DRAM hoses ... across China ... interesting so they're taking it on themselves to expand ... this I was I may mention that Alibaba isn't the biggest player in the China market what's that is there more competition emerging in the span ... from the iam there are ... different kinds of e-commerce market but it's the city on ... the business to consumer mark it ... on ... some players a three sixteen by that's ... the biggest rival find the that's ... something sides ... and that they are a bit like Amazon the the um ... they're they're out of sight is active explorer and they ... they have their own warehouses and they sell their own products ... and on the end of the one ... to six to buys the one that's hiring ... on delivery guys ... and they're a lot of new ... what other services in rising so that when the market ... and I was facing more competitors and cake thanks Fran NextEra fella ... so come ... after the break A deadly drug resistant tuberculosis is spreading in India ... a sympathetically in as many end lot of us stopped to talk about everything from trade to the environment that overshadow a shadowing many of those issues in the territorial disputes joining me now is Brian Spegele reporter from Bejing ... okay ... Brian and this is kind of like the issue that will really go away at ALM that was the reins at the discussions the APEC discussions and one of the stock ... and indeed it is an issue that's not going away it's only been getting more serious over the past couple of weeks ... um with the APEC meetings Vladivostok are sensibly a place for the meters from the region to come together and talk about economic and trade issues but of course as you said Benny the strategic issues for example a tariff will disputes over the Senkaku islands in the East China Sea as well and ... some larger disputes in the South China Sea continued to ... overshadow the bilateral relations between China and its neighbors and they came up um particularly during a bilateral ... sidelined meetings on in particular a meeting between ... the Prime Minister Noda Japan and President Hu Jintao of China ... he said at the core of this to say I mean is really the Fed is ... the argument between time that and Japan I mean over over this as you mentioned the sun to send copies of the men in Japan the Dow use as an end in China ... aam ... is this really the sticking point of all of the territorial disputes going on in in the East China and South China seas ... whether there's a number of disputes and that's with the challenge for China ... on how it would deal with all the simultaneously ... on Monday said it's it's doing with a very serious dispute with the Japanese ... speakers been doing with her for decades now at the same time is dealing with ... disputes that the Filipinos without ... with of the enemy is and and and others to try to try to to to to to balance ... on how we handle all of these disputes without giving up basically a step ... um more giving any ground in terms of national sovereignty but the same time they have no desire to ... come to worsen relations with any these countries that are indeed a really important economic and trade partners ... the KNF chorus at the U S Secretary of State Hillary Clinton Eno was on her core of AsiaD II during the past week ... she was attending the APEC meetings ... she was quite vocal about opposition to China's military dominance in the region said ... any indication whether or not Tom the Herm is it me in a different sock on the issue ... both unclear exactly it's it's ... too early to say ... how Secretary Clinton's ... visit to suit is playing out however that the message that she said was clear that the US is going to be engaged in the region ... um of course she was meeting with US allies and Southeast Asia ... she then made her way to to to to to Beijing where she grew she held talks with the Chinese president of Holl among others today it's too early to say in the Indies and mediate disputes how her visit is going to play out ... of the liver thinker visit was doing was laying the groundwork ... for a hat and a regional forum which is expected to place in Cambodia ... which of President Obama may be attending ... OK will look ... for it so that thanks Fran that's Brian Spegele joining us from BJ ... over to India now where a drug resistant tuberculosis is spreading in the Wall Street Journal's Natasha bottler reports ... the engine and the need to ... use Tombini when the emergency teams many slums ... didn't sleep all you need to Mesa tiny Dane's and ramshackle buildings ... the to two-year vanity and ... then it is crammed into small dark room ... in mourning the recent down fifty two teenaged or taken to ... the child to time to kick in the seats ... in less than two years ... I did that weekend aside from on ... didn't have any money for medicine but they didn't like that ... three of my children have gone down in one and half years ... what should I do ... the GT children who has extensively drug resistant to taking the series or TV ... screen that doesn't respond to many stupid trucks used to treat the illness ... down even more extreme strain of TB is causing consent in India ... country simple former assistant Opel the drugs normally used ... to be an infectious is showing up in cities across the country ... Delta's morning console curtailed now the spray would be devastating ... my Sunday killed hospitals seen fifteen paces the country to go TP this post he ... wrote in one of India's tell TP specialist to raise the amount ... of this are rare with one DS is feted by the health system to treat various levels of drug resistant EP ... has pledged to take the strain ... he starts off with a straightforward kind of TV Richard Daley ... by definition be short with expensive than standard cheaper ... we know that it takes just about an average of four being parents ... to convert disincentive to my anti drug resistant strain ... and in in these patients to manage for the as they often now with the wrong prescriptions again don't grow their own goes this ... alone should you ... be an epic extremely drug resistant TB ... and you need to start it but sometimes we admit to promote the effect of drugs and that historically drug resistant form which we ... have been seen over the last few months ... now Steve tilted one-year appeal to the ski season country simple TP in India ... his research was dismissed by health officials he pulled in the midst ... the Dublin carried out their protests and to discover the Philly why didn't the right ... engine acknowledges the existence of a new extreme strain and refuses to quit and treatable ... new York the quarter the biggest of them is leading the people ... they are ... going to go for it that way ... they're making the move ... the TV isn't all that ... noise is not ... it is better to suffer from BB ... been suffering from hypertension ... diabetes effect of April ... because he is going to ... video and report on India's drug resistant TB tinted WSJ's dot com ... I'm Deborah con for The Wall Street Journal digital network ...